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Global growth forecast is deteriorating rapidly
Global economic growth forecasts have deteriorated dramatically due to a confluence of factors. The Institute of International Finance (IIF) says the risk of global recession has increased significantly as the Omicron wave in China is more disruptive than previously...
Copper and aluminum: as demand for metals grows, new recycling opportunities emerge
Market opportunities for recycling copper and aluminum products are emerging as overall demand for copper and aluminum grows, according to speakers at the International Recycling Bureau (BIR) conference in Barcelona this week. According to Inka Guixa (La Farga), of...
Copper: Peruvian community sees “progress” in resolving Las Bambas mine standoff
The leader of a Peruvian indigenous community whose protest led MMG's Las Bambas copper mine to suspend operations more than a month ago said Tuesday that "progress" has been made toward a resolution of the crisis. Edison Vargas, leader of the Fuerabamba community,...
Nickel: the metal’s input into stainless steel will exceed 2 million tons in 2022
According to a statement by Nornickel, global stainless steel production, projected at 60 million tons in 2022, will require 2.14 million tons of primary nickel, excluding scrap. Most of the nickel will be for the production of 8.4 percent Ni-rich 300-series stainless...